Kaltura Announces Financial Results for First Quarter 2024
Kaltura, Inc. (KLTR)
Company Research
Source: GlobeNewswire
NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the first quarter ended March 31, 2024, as well as outlook for the second quarter and full year 2024. "We delivered both record total revenues and subscription revenues in the first quarter, making it our sixth consecutive quarter of year-over-year growth. It was also our third consecutive quarter of Adjusted EBITDA profitability with significant year-over-year improvement in cash flows, demonstrating our progress towards achieving positive Adjusted EBITDA and Cash Flow from Operations for the full year of 2024,” said Ron Yekutiel, Kaltura Co-founder, Chairman, President and CEO. “Also noteworthy, our gross retention improved for a third consecutive quarter. We believe that this improvement, coupled with a forecasted sequential growth in bookings, will support our path towards sustainable profitable growth,” con
Show less
Read more
Impact Snapshot
Event Time:
KLTR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KLTR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KLTR alerts
High impacting Kaltura, Inc. news events
Weekly update
A roundup of the hottest topics
KLTR
News
- Kaltura, Inc. (NASDAQ: KLTR) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $3.00 price target on the stock.MarketBeat
- Kaltura, Inc. (NASDAQ:KLTR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 97212 Ventures Announces $20M Fund Providing Israeli Tech Founders Insider Access to the NYC Tech Ecosystem [Yahoo! Finance]Yahoo! Finance
- Kaltura, Inc. (NASDAQ: KLTR) had its price target lowered by analysts at Needham & Company LLC from $5.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Kaltura First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
KLTR
Earnings
- 5/8/24 - Beat
KLTR
Sec Filings
- 5/9/24 - Form SC
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- KLTR's page on the SEC website